Wednesday, 5 September 2018

Current Affairs- 5 September 2018

Current Affairs have been an important part of competitive examinations and one of the most scoring subjects. Looking at the importance of current affairs in the examinations, we have come up with a new series that will provide you latest updates of each and every day on real-time basis. All these updates will be very beneficial for your upcoming examinations, so stay connected with us to keep yourselves updated with the latest national news, international news, business news, sports news, etc.

NABARD sanctions over Rs 334 cr to Bengal projects in August

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 334.75 crore in August, under the Rural Infrastructure Development Fund (RIDF), to West Bengal for 158 minor irrigation and 23 flood protection projects.

The projects were expected to benefit 20,506 hectare covering 3.09 lakh population in 699 villages of the 22 districts while the flood protection projects would address the problem of rapid bank erosion caused by rivers, according to a statement.

Jharkhand Chief Minister Raghubar Das invited Chinese companies to participate in the Global Agriculture and Food Summit due in November 2018. The Chief Minister, who is currently touring China, met Song Tao, Minister of International Liaison Department of Communist Party of China. Das invited Song as well as Chinese companies to participate in Global Agriculture and Food Summit due in the state on November 29-30.

Odisha Finance Minister Sashi Bhusan Behera on Wednesday presented in the state assembly a supplementary budget of Rs 12,790 crore for 2018-19.The budget is focused more on rural development and social sector.

The state government had presented a Rs 1.20 lakh crore annual budget for 2018-19.

While Panchayati Raj and Drinking Water department received the highest allocation of Rs 3141.74 crore, Rural Development department has been allocated Rs 2269.55 crore. The Disaster Management Department will get Rs 1414.76 crore.

Dr. Arif Alvi elected 13th President of PakistanDr Arif ur Rehman Alvi was elected the 13th President of Pakistan after a vote in the Parliament and provincial assemblies. Alvi, a dentist by profession, was a founding member of Pakistan Prime Minister Imran Khan's political party Pakistan Tehreek-e-Insaf. The 69-year-old is expected to assume office on September 9 after incumbent President Mamnoon Hussain's term ends.